Analysis of different scenarios for residential energy management under existing retail market structure

M. N. Akter; M. A. Mahmud

doi:10.1109/ISGT-Asia.2015.7387182

Analysis of different scenarios for residential energy management under existing retail market structure

M. N. Akter
, M. A. Mahmud

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

8 Citations (Scopus)

Abstract

This paper presents an analysis of a residential energy management scheme under existing retail market structure with the integration of solar photovoltaic (PV) and battery energy storage systems. In this paper, different scenarios are analyzed with an aim of achieving the most cost-effective solutions for the integration of solar PV and battery energy storage systems. The main idea behind these analyses is to obtain a grid independent residential energy management system through the reduction of purchasing energy from the existing power grid. The results from the analysis of different scenarios for a typical Australian house demonstrate that the shortage of energy during the high loads and excess of energy during the higher output of solar PV system can be reduced with the design of a proper energy management scheme employing a transactive energy management framework.

Original language	English
Title of host publication	Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015
Publisher	Institute of Electrical and Electronics Engineers
Number of pages	6
ISBN (Electronic)	9781509012381
DOIs	https://doi.org/10.1109/ISGT-Asia.2015.7387182
Publication status	Published - 21 Jan 2016
Externally published	Yes
Event	IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015 - Bangkok, Thailand Duration: 3 Nov 2015 → 6 Nov 2015

Publication series

Name	Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015

Conference

Conference	IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015
Country/Territory	Thailand
City	Bangkok
Period	3/11/15 → 6/11/15

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

Battery energy storage system
residential energy management
solar photovoltaic systems
transactive energy management

Access to Document

10.1109/ISGT-Asia.2015.7387182Licence: In Copyright

Cite this

Akter, M. N., & Mahmud, M. A. (2016). Analysis of different scenarios for residential energy management under existing retail market structure. In Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015 Article 7387182 (Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015). Institute of Electrical and Electronics Engineers. https://doi.org/10.1109/ISGT-Asia.2015.7387182

Akter, M. N. ; Mahmud, M. A. / Analysis of different scenarios for residential energy management under existing retail market structure. Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015. Institute of Electrical and Electronics Engineers, 2016. (Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015).

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title = "Analysis of different scenarios for residential energy management under existing retail market structure",

abstract = "This paper presents an analysis of a residential energy management scheme under existing retail market structure with the integration of solar photovoltaic (PV) and battery energy storage systems. In this paper, different scenarios are analyzed with an aim of achieving the most cost-effective solutions for the integration of solar PV and battery energy storage systems. The main idea behind these analyses is to obtain a grid independent residential energy management system through the reduction of purchasing energy from the existing power grid. The results from the analysis of different scenarios for a typical Australian house demonstrate that the shortage of energy during the high loads and excess of energy during the higher output of solar PV system can be reduced with the design of a proper energy management scheme employing a transactive energy management framework.",

keywords = "Battery energy storage system, residential energy management, solar photovoltaic systems, transactive energy management",

author = "Akter, \{M. N.\} and Mahmud, \{M. A.\}",

year = "2016",

month = jan,

day = "21",

doi = "10.1109/ISGT-Asia.2015.7387182",

language = "English",

series = "Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015",

publisher = "Institute of Electrical and Electronics Engineers",

booktitle = "Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015",

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note = "IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015 ; Conference date: 03-11-2015 Through 06-11-2015",

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Akter, MN & Mahmud, MA 2016, Analysis of different scenarios for residential energy management under existing retail market structure. in Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015., 7387182, Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015, Institute of Electrical and Electronics Engineers, IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015, Bangkok, Thailand, 3/11/15. https://doi.org/10.1109/ISGT-Asia.2015.7387182

Analysis of different scenarios for residential energy management under existing retail market structure. / Akter, M. N.; Mahmud, M. A.
Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015. Institute of Electrical and Electronics Engineers, 2016. 7387182 (Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Analysis of different scenarios for residential energy management under existing retail market structure

AU - Akter, M. N.

AU - Mahmud, M. A.

PY - 2016/1/21

Y1 - 2016/1/21

N2 - This paper presents an analysis of a residential energy management scheme under existing retail market structure with the integration of solar photovoltaic (PV) and battery energy storage systems. In this paper, different scenarios are analyzed with an aim of achieving the most cost-effective solutions for the integration of solar PV and battery energy storage systems. The main idea behind these analyses is to obtain a grid independent residential energy management system through the reduction of purchasing energy from the existing power grid. The results from the analysis of different scenarios for a typical Australian house demonstrate that the shortage of energy during the high loads and excess of energy during the higher output of solar PV system can be reduced with the design of a proper energy management scheme employing a transactive energy management framework.

AB - This paper presents an analysis of a residential energy management scheme under existing retail market structure with the integration of solar photovoltaic (PV) and battery energy storage systems. In this paper, different scenarios are analyzed with an aim of achieving the most cost-effective solutions for the integration of solar PV and battery energy storage systems. The main idea behind these analyses is to obtain a grid independent residential energy management system through the reduction of purchasing energy from the existing power grid. The results from the analysis of different scenarios for a typical Australian house demonstrate that the shortage of energy during the high loads and excess of energy during the higher output of solar PV system can be reduced with the design of a proper energy management scheme employing a transactive energy management framework.

KW - Battery energy storage system

KW - residential energy management

KW - solar photovoltaic systems

KW - transactive energy management

UR - https://www.scopus.com/pages/publications/84964982111

U2 - 10.1109/ISGT-Asia.2015.7387182

DO - 10.1109/ISGT-Asia.2015.7387182

M3 - Conference contribution

AN - SCOPUS:84964982111

T3 - Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015

BT - Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015

PB - Institute of Electrical and Electronics Engineers

T2 - IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015

Y2 - 3 November 2015 through 6 November 2015

ER -

Akter MN, Mahmud MA. Analysis of different scenarios for residential energy management under existing retail market structure. In Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015. Institute of Electrical and Electronics Engineers. 2016. 7387182. (Proceedings of the 2015 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2015). doi: 10.1109/ISGT-Asia.2015.7387182

Analysis of different scenarios for residential energy management under existing retail market structure

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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